Data & Analytics
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
This case study describes how edge computing and industrial internet of things platforms were deployed to automate and optimize production operations across four distinct basins.
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Considering the significant weight of drilling costs in upstream ventures, saving even a few hours of drilling could lead to substantial cost savings on the overall capital expenditures (Capex). Thanks to the big data revolution, cost optimization still has strong potential in drilling operations.
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Drilling relies on complex webs of wired machines generating enormous amounts of data that need to be shared. But getting the appropriate data in the right hands is a problem.
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Optimizing the design, function, and benefits of the logical cyber-representation of physical asset environments is an evolving trend for the oil and gas industry to gain operational efficiency.
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Kotug, a Rotterdam-based marine services company involved with projects such as Shell’s Prelude FLNG and the decommissioning of the Brent Delta topsides, has applied for a patent to use drone technology in its tug operations.
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Cyberattacks are an increasing threat globally to businesses and organizations, very much including the oil and gas industry, with operating activity of all kinds exposed as well as information technology networks.
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When you think about the Internet of Things, do you think about the extensive global subsea communications network?
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In the Internet of Things age, more than 20.4 billion devices will be connected by 2020. The explosion of connectivity unlocks countless opportunities for cybercrime.
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A look at how policy, future workforce perception, and industry standards will shape energy companies in the near and distant future.
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The digitalization of oil and gas facilities is becoming a new technical arena. Effective solutions can be used to convert data into information and knowledge, which can then be used to improve maintenance operations.
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The CEO of Houston Mechatronics told an Aramco Innovation Day audience that robotics is at the same point that the Internet and online communication were at in the mid-1990s and will soon become “the iconic technology of this century.”